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Latin America Confectionery Market: By Product Type: Chocolate, Non-Chocolate, Gums and Mints, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Special Stores, Online, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Latin America Confectionery Market Outlook
The Latin America confectionery market is being aided by the growing Brazil retail confectionery market, which stood at a value of USD 7.8 billion in 2020. The market is expected to grow at a CAGR of 1.5% in the forecast period of 2021-2026.
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Chocolate Confectionery Segment to Bolster the Growth of the Latin America Confectionery Industry
On the basis of product type, the chocolate segment accounts for a significant share in the Latin America confectionery industry. The market is aided by the increased popularity of chocolate flavoured confectionery among children as well adults, rising disposable incomes, and increasing middle class population in the region. Meanwhile, the growing popularity of non-chocolate confectioneries and gum and mints is expected to further bolster the market growth in the forecast period.
Brazil to Provide Significant growth Opportunities to the Confectionery Industry in Latin America
Among the major Latin American countries, Brazil accounts for a significant share in the region’s confectionery market and is likely to remain dominant in the forecast period as well. This can be attributed to the rising food and beverage industry and increasing middle-class population in the region. Further, the export market for confectionery in Brazil has seen a significant increase in recent years.
Confectionery: Industry Definition and Segmentation
The products which are rich in sugar are defined as confectionery products. These are usually utilised as sweeteners. Chocolate candies, gum, ice-cream, frozen desserts, and sweet baked goods, among others are some of the examples of confectioneries. Confectioneries are often categorised as chocolate confectionery and sugar confectionery.
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Based on product type, the market is divided into:
- Chocolate
- Non-Chocolate
- Gums and mints
- Others
Among these, the chocolate segment based on type is sub-divided into white, milk, and dark.
Based on distribution channel, the industry can be segmented into:
- Supermarkets and hypermarkets
- Convenience stores
- Special stores
- Online
- Others
The regional markets for the product include Brazil, Argentina, and Mexico.
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Increasing Middle-Class Population to Boost the Growth of the Latin America Confectionery Industry
The Latin America confectionery industry is being driven by the rising demand from the growing middle-class population. The growing chocolate industry, which attracts both children and adults, is significantly contributing to the growth of the confectionery market in the region. The rising demand from the food industry, increasing consumer demand for packaged food products, and expanding retail industry in the region are expected to further aid the market growth in the coming years.
Key Industry Players in the Latin America Confectionery Market
The report gives a detailed analysis of the following key players in the Latin America Confectionery market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- The Hershey Company
- Mars, Incorporate
- Mondelez International
- Arcor Group
- Nestlé S.A
- Canels Group
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Latin America
7 Industry Opportunities and Challenges
8 Global Confectionery Market Overview
8.1 Key Industry Highlights
8.2 Global Confectionery Historical Market (2016-2020)
8.3 Global Confectionery Market Forecast (2021-2026)
8.4 Global Confectionery Market by Country
8.4.1 Market Share
8.4.1.1 North America
8.4.1.2 Europe
8.4.1.3 Asia Pacific
8.4.1.4 Latin America
8.4.1.5 Middle East and Africa
9 Latin America Confectionery Market Analysis
9.1 Key Industry Highlights
9.2 Latin America Confectionery Historical Market (2016-2020)
9.3 Latin America Confectionery Market Forecast (2021-2026)
9.4 Latin America Confectionery Market by Product Type
9.4.1 Chocolate
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2016-2020)
9.4.1.3 Forecast Trend (2021-2026)
9.4.1.4 Breakup by Type
9.4.1.4.1 White
9.4.1.4.2 Milk
9.4.1.4.3 Dark
9.4.2 Non-Chocolate
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2016-2020)
9.4.2.3 Forecast Trend (2021-2026)
9.4.3 Gums and Mints
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2016-2020)
9.4.3.3 Forecast Trend (2021-2026)
9.4.4 Others
9.5 Latin America Confectionery Market by Distribution Channel
9.5.1 Supermarkets and Hypermarkets
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2016-2020)
9.5.1.3 Forecast Trend (2021-2026)
9.5.2 Convenience Stores
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2016-2020)
9.5.2.3 Forecast Trend (2021-2026)
9.5.3 Special Stores
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2016-2020)
9.5.3.3 Forecast Trend (2021-2026)
9.5.4 Online
9.5.4.1 Market Share
9.5.4.2 Historical Trend (2016-2020)
9.5.4.3 Forecast Trend (2021-2026)
9.5.5 Others
9.6 Latin America Confectionery Market by Country
9.6.1 Market Share
9.6.1.1 Brazil
9.6.1.2 Argentina
9.6.1.3 Mexico
10 Regional Analysis
10.1 Brazil
10.1.1 Historical Trend (2016-2020)
10.1.2 Forecast Trend (2021-2026)
10.2 Argentina
10.2.1 Historical Trend (2016-2020)
10.2.2 Forecast Trend (2021-2026)
10.3 Mexico
10.3.1 Historical Trend (2016-2020)
10.3.2 Forecast Trend (2021-2026)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 EMR’s Key Indicators for Demand
11.4 EMR’s Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Exporting Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
14.1 Brazil Historical Price Trends (2016-2020) and Forecast (2021-2026)
14.2 Argentina Historical Price Trends (2016-2020) and Forecast (2021-2026)
14.3 Mexico Historical Price Trends (2016-2020) and Forecast (2021-2026)
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 The Hershey Company
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Mars, Incorporated
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Mondelez International
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Arcor Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Nestlé S.A.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Canels Group
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Confectionery Market: Key Industry Highlights, 2016 and 2026
2. Global Confectionery Historical Market: Breakup by Region (USD Million), 2016-2020
3. Global Confectionery Market Forecast: Breakup by Region (USD Million), 2021-2026
4. Latin America Confectionery Market: Key Industry Highlights, 2016 and 2026
5. Latin America Confectionery Historical Market: Breakup by Products Types (USD Million), 2016-2020
6. Latin America Confectionery Market Forecast: Breakup by Product Types (USD Million), 2021-2026
7. Latin America Confectionery Historical Market: Breakup by Distribution Channel (USD Million), 2016-2020
8. Latin America Confectionery Market Forecast: Breakup by Distribution Channel (USD Million), 2021-2026
9. Latin America Confectionery Historical Market: Breakup by Country (USD Million), 2016-2020
10. Latin America Confectionery Market Forecast: Breakup by Country (USD Million), 2021-2026
11. Major Importing Countries by Value (2020)
12. Major Exporting Countries by Value (2020)
13. Major Importing Countries by Volume (2020)
14. Major Exporting Countries by Volume (2020)
15. Brazil Historical Price Trends and Forecast (2016-2026)
16. Argentina Historical Price Trends and Forecast (2016-2026)
17. Mexico Historical Price Trends and Forecast (2016-2026)
18. Latin America Confectionery Market Structure
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